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165 Bankwood Lane, LaFollette, TN 37766

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For Sale

$874,900

2 beds • 5 baths • 3,200 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $273.41
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

This lakefront home with dock was completely renovated 2022 -2023, and expanded into a 3200 sq ft ranch on Norris Lake in Big Creek cove. Septic permit is for 2 bedrooms, but leach lines were extended during the renovation, and the home has accommodated many large groups in space equivalent to 6 bedrooms all season since rentals began in 2023. Main level cathedral ceilings in the spacious, open concept living room gathering space offers a vent-free gas log, floor-to-ceiling stone fireplace. Loads of great room natural light, and opens to a first floor master suite sharing a full bath with 2nd bedroom. There is a big bunkroom in the converted garage. On the same level, come love the entertaining space in this open chef's kitchen, with loads of cabinets, a huge island, with built-in cooktop, and a countertop serving bar with pull up seating. There's still more - a 2nd full bath, plus formal dining area, laundry room and 360 sq ft storage room in the remainder of the side entry garage. Downstairs, another family room opens to a dining / kitchenette area and second decorative stone fireplace - which also offers 3 more large bonus rooms, each with its own adjoining full bath. All new drywall, flooring, fixtures, complete bathrooms, bunkroom, interior doors, recessed lighting, ceiling fans and so much more. Feels nearly like a new build! Views to the woods and lake are coupled with streaming natural light across the full width decks on both levels - and the upper deck is partially covered by a cathedral ceiling roof as well. See the updated floorplan with dimensions provided, can sleep up to 22 with the new layout. Stone-dressed foundation and retaining wall. Wooded 1.66 acre private lot, with a graveled no-steps walkable path to the waterfront's brand new dock, where a dock with a single slip opens toward main channel. Out by the covered front porch there's a huge graveled pull-through driveway nearly the full width of lot, firepit, a large permanent propane tank and loads of paved parking near the garage as well. Couple Notes 1. Furnishing and decor negotiable separately - price is for the home itself, the dock, grill, electronics and appliances. 2. Figures available for 2023 and 2024 rental calendars 3. Metal roof is original, still lots of life in it! 4. 2 car garage - most of it renovated into the bunk room space, easy to convert back if desired - and still enough room behind the door for 2 ATVs or golf carts
MLS# 1238343

Courtesy Of Tennessee Home Finders LLC

(423) 494-0084

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Deck, Dock, Porch
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Exterior Type
    Block, Brick, Vinyl Siding
  • Floor Covering
    Laminate
  • Heating System
    Central Furnace, Forced Air, Heat Pump
  • Lot Size
    1.66 Acres
  • Rooms
    Bonus Room, Dining Room, Family Room, Great Room, Kitchen, Office
  • View Type
    Lake, Mountain

Map and Directions

Directions to 165 Bankwood Lane, LaFollette, TN 37766

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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